Essential Capital Advisors And ParaSell Inc. Facilitate $8.8 Million Sale Of Mesa School Property
3544 East Brown Road
$8,800,000
$595/SF
Building Size
14,772 SF
Asset Type
School
Closing
Feb 27, 2026
AI
The property involved in this transaction is a school asset located at 3544 East Brown Road in Mesa, AZ. The sale was completed on February 27, 2026, with a transaction price of $8,800,000 for a building encompassing 14,772 square feet. The property sits on a 0.93-acre lot, reflecting a price per square foot of $596.
Summary of transaction details:
- Property Type: School
- Transaction Amount: $8,800,000
- Address: 3544 East Brown Road
- Market: Mesa, AZ
- Square Footage: 14,772
- Price per Square Foot: $596
- Acres: 0.93
Scott Reid from ParaSell Inc. and Milo Spector from Essential Capital Advisors were the brokers facilitating this transaction. Essential Capital Advisors and ParaSell, Inc. played key roles in showcasing the strong investor demand for childcare assets, particularly those leased to corporate tenants such as Busy Bees Child Care.
Players
Mesa School Market Snapshot
Boundary boundary · School · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.80%
Cash-on-Cash
-0.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93